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September 25, 2025, 05:50 PM - 3 min read
In what is being described as the largest restructuring deal, Pakistan has signed a finance deal worth ₹1.2 trillion with a consortium of 18 banks to ease of some of its burgeoning power sector debt
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July 2, 2025, 05:46 PM - 2 min read
The International Monetary Fund (IMF) completed its fourth review of Sri Lanka’s bailout programme; to release almost $350 million tranche from the four-year facility
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May 18, 2025, 03:28 PM - 5 min read
The latest conditions include the parliamentary approval of a new ₹17.6 trillion budget, an increase in the debt servicing surcharge on electricity bills and lifting restrictions on import of more than three-year-old used cars.
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May 16, 2025, 02:27 PM - 5 min read
“The IMF aid will be used to fund these terrorist organisations. Pakistan should not receive any financial support if it continues to harbour terror groups. We urge the IMF to reconsider,” he said, underlining India’s concerns about the misuse of global financial support.
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May 8, 2025, 02:18 PM - 3 min read
In its statement following the attack, an IMF spokesperson expressed concern over the deteriorating situation between South Asian neighbours.
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May 2, 2025, 08:34 PM - 2 min read
The IMF Executive Board is scheduled to meet Pakistan officials on May 9 for first review of the extended funding facility and request for an arrangement under the resilience and sustainability facility.
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April 17, 2025, 02:25 PM - 3 min read
NITI Aayog CEO B V R Subrahmanyam stated that India's economy will surpass Germany and Japan in three years and could become the second-largest by 2047. He also emphasised India’s potential as a global education hub and its strength as a supplier of working-age people.
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March 1, 2025, 11:04 AM - 2 min read
"All quantitative targets for end-December 2024 were met, except the indicative target on social spending. Most structural benchmarks due by end-January 2025 were either met or implemented with delay. The recent successful completion of the bond exchange is a major milestone towards restoring debt sustainability," the IMF said in a statement.
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January 18, 2025, 12:39 PM - 3 min read
India's economic growth is forecast to remain strong at 6.5 per cent in 2025 and 2026, as projected in October and in line with potential, the International Monetary Fund (IMF) has said in its latest World Economic Outlook (WEO) update.
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